The typical asking rate per listing is in the $20's per square foot per year. The Central Business District region is going through a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 13% decline in rent.
Compared to the rest of the Cincinnati market, the Central Business District region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 42 listings have been listed, so you'll want to check back regularly for new listings. About 179% of the office spaces in the Central Business District are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 6,150 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 6 floors. Most buildings in this area were built in 1925 and are Class B.
Information is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Central Business District folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.